TaxTMI 
TaxTMI 
What is the period for warehousing under Section 61 of the Customs Act in respect of rewarehoused goods i.e. goods legally transferred from one warehouse to another warehouse.Can they be warehoused for another one year from the date of receipt in the second warehouse? If not, what are the instructions on the issue?
Time limit for warehousing
22 Jul 2009 
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Warehousing period: transfer does not restart the statutory storage term; administrative extensions available by prescribed officials.
The one year warehousing term is measured from the original deposit date and does not reset upon lawful transfer to another warehouse; administrative extensions of the statutory warehousing period are available within delegated limits, and a subsequent warehouse permission does not create a new independent one year term. (AI Summary)
The one year warehousing term is measured from the original deposit date and does not reset upon lawful transfer to another warehouse; administrative extensions of the statutory warehousing period are available within delegated limits, and a subsequent warehouse permission does not create a new independent one year term. (AI Summary)